Exclusive: Softbank-Backed TravelPerk Hired Banks for IPO
Source:The Information
Source:The Information
Travel management platform TravelPerk hired investment bankers for an upcoming U.S. initial public offering, the latest among a string of travel-themed IPOs, according to a person with direct knowledge of the deal.
The Barcelona-based company has hired Morgan Stanley, Goldman Sachs and Jefferies, the person said. Representatives of the investment banks declined to comment.
TravelPerk declined to comment.
TravelPerk was last valued at $2.7 billion in January 2025. Its backers include General Catalyst, Softbank Vision Fund, Blackstone, EQT Growth and Sequoia Capital. It builds software to help businesses manage corporate travel and expenses.